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← CockpitCompetitor Analysis › 2281.T Prima Meat Packers,Ltd.Open in the cockpit ↗

Prima Meat Packers,Ltd.2281.TCompetitor analysis, valuation and peers

Japan · JPY·Consumer Staples›Food: Meat/Fish/Dairy
Momentum weak 38
Mkt cap
$724M
US dollars, full cap
Free float
45%
of shares outstanding
$/day
$2.26M
20-day average traded
Fwd P/E
12.8×
forward earnings
ROIC−WACC
-1.0 pp
WACC 5.0%
Hurdle
-3 pp
Req g minus delivered
Next earnings
94 days
8 Feb 2027
Close · JPY¥2,271
1D-3.6%
1W+0.9%
1M0.0%
3M-9.9%
6M-8.9%
YTD-14.8%
1Y-1.3%
ATR %1.8%
52w lowhigh22.5% off high

What Prima Meat Packers,Ltd does

Employees: 3,630

Prima Meat Packers,Ltd at a glance

Size Prima Meat Packers,Ltd (2281.T) is a Japan Consumer Staples company (Food: Meat/Fish/Dairy) with a market value of $724M, the 882nd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,271 on 6 Nov 2026.

Performance Over six months the shares fell 8.9%, against -4.4% for the median peer and +1.8% for the Japan market (cap-weighted) — 11th highest of 21 in its peer set.

Growth Revenue grew 4.8% over the last twelve months (peer median +3.8%); the operating margin is 1.8% (peer median 2.4%).

Valuation It trades at 12.8× forward earnings against a peer median of 27.5× (5th cheapest of 15).

Price implies For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is -3 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 1.0 points below its cost of capital (5.0% WACC).

Next results Next results expected around 8 Feb 2027 (exchange calendar; dates can move).

Relative performance

909510011 May 202611 Aug 20266 Nov 2026Peer median 952281.T 91
Six months, rebased to 100: Prima Meat Packers,Ltd against the median of its 20 peers (local-currency closes).

Prima Meat Packers,Ltd financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥488B¥476B¥458B¥448B¥431B
Revenue growth—+4%+2%+4%—
Gross profit¥53.0B¥52.6B¥48.5B¥50.1B¥47.8B
EBITDA¥20.0B¥21.0B¥20.6B¥23.2B¥20.9B
Net income¥4.51B¥4.59B¥7.08B¥7.49B¥4.50B
Free cash flow¥12.3B¥9.60B¥5.06B¥12.1B-¥6.47B
Capital expenditure¥15.6B¥17.4B¥12.5B¥18.4B¥20.7B
Total debt¥19.3B¥19.9B¥22.1B¥21.7B¥25.4B

Quarterly statements and history in the cockpit →

Prima Meat Packers,Ltd competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%+40%0%+20%+40%002570MAMADODLASAVEHFG6009758043002321AACKWIL002840600429HLFMAS300997002515005180600419NWL2281.T6-month return →1-month return →
Up and to the right = strong over both horizons. Prima Meat Packers,Ltd is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%0×100×200×002570MAMADODLASAVEHFG8043AACHLFMAS3009970025152281.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Prima Meat Packers,Ltd is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%002570MAMADODLASAVEHFG600429HLFMAS600419NWL2281.TGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Prima Meat Packers,Ltd is the large dot.

Prima Meat Packers,Ltd competitors and peer comparison

How Prima Meat Packers,Ltd compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Prima Meat Packers,Ltd against its 20 peers (data as of 6 Nov 2026)
Measure2281.TPeer medianRank in peer set
1-month return0.0%+0.8%10th lowest of 21
6-month return-8.9%-4.4%11th highest of 21
Distance from 52-week high-22.5%-24.8%9th highest of 21
Revenue growth (TTM)+4.8%+3.8%9th highest of 20
Operating margin1.8%2.4%10th lowest of 21
Forward P/E12.8×27.5×5th cheapest of 15
Growth the price implies (Req g, 7 yrs)-1.2%14.7%3rd least demanding of 11
Growth delivered (Del g)+1.9%+9.0%3rd lowest of 11
Hurdle (Req g minus delivered)-3.0 pp+2.1 pp5th least demanding of 11
ROIC minus cost of capital-1.0 pp-3.1 pp9th highest of 21
Net debt / EBITDA0.3×3.3×4th least indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Prima Meat Packers,Ltd 2281.TJapan$724M-9%+5%2%12.8×-1.2%+1.9%
Beingmate 002570.SZChina$680M-16%-4%3%28.3×11.8%+0.8%
Mama's Creations MAMAUnited States$632M+2%+54%5%46.4×17.6%+33.3%
Dodla Dairy DODLA.NSIndia$625M-14%+17%4%28.6×33.7%+16.2%
Savencia SAVE.PAFrance$871M-11%-2%3%5.4×-3.8%+6.2%
Hilton Food HFG.LUnited Kingdom$889M+39%+7%1%14.1×18.5%+8.7%
Hunan New Wellful 600975.SSChina$902M-14%-14%-33%n/an/an/a
Starzen 8043.TJapan$574M+36%+4%2%9.4×n/an/a
Henan Huaying Agricultural Development 002321.SZChina$569M-16%+24%1%n/an/an/a
Australian Agricultural AAC.AXAustralia$553M+2%+9%-47%94.6×n/an/a
Kwality Walls (India) KWIL.NSIndia$950M+32%n/a-13%n/an/an/a
Zhejiang Huatong Meat Products 002840.SZChina$957M-37%-16%-10%n/an/an/a
Beijing Sanyuan Foods 600429.SSChina$973M-29%0%-1%23.4×24.8%-2.8%
High Liner Foods HLF.TOCanada$536M+91%+14%5%8.7×3.5%+5.3%
Masoval AS MAS.OLNorway$508M+16%-1%4%45.6×28.2%+22.3%
HUANLEJIA Food 300997.SZChina$1.06B-17%+4%7%54.7×n/an/a
Jinzi Ham 002515.SZChina$1.06B-15%-2%-11%277.0×n/an/a
Binggrae 005180.KSSouth Korea$472M+9%+4%9%6.3×n/an/a
Xinjiang Terun Dairy 600419.SSChina$465M+2%+5%5%26.8×-4.3%+9.4%
Umios 1333.TJapan$1.14B-10%+3%3%n/an/an/a
NewPrinces NWL.MIItaly$1.16B+40%+81%1%n/a0.6%+44.5%

Questions

Which companies are Prima Meat Packers,Ltd's closest peers?
The cockpit's peer set: Beingmate (002570.SZ), Mama's Creations (MAMA), Dodla Dairy (DODLA.NS), Savencia (SAVE.PA), Hilton Food (HFG.L), Hunan New Wellful (600975.SS), Starzen (8043.T), Henan Huaying Agricultural Development (002321.SZ).
Is Prima Meat Packers,Ltd expensive compared with its peers?
On forward p/e it trades at 12.8× against a peer median of 27.5×, 5th cheapest of 15 in its peer set. For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is -3 pp: the price already allows for a slowdown.
How has Prima Meat Packers,Ltd stock performed?
Over six months to 6 Nov 2026 the shares returned -8.9% against -4.4% for the median peer; over one year -1.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.